Thursday, April 20, 2017

Dallas Gets New Car Vending Machine From Carvana

Dallas is the latest city in Texas to get a "car vending machine" from online used car upstart Carvana. Carvana said its new car vending machine in Dallas is its fourth in the state, and will let users pick up their new vehicle purchases from an eight story building holding up to 30 cars. Carvana, which sells its used vehicles online, also has locations in San Antonio, Austin, and Houston. The company has been in massive expansion mode in Texas, and is in the midst of an IPO, with its IPO pricing expected next week. Carvana also says it is now delivering within 100 miles of the Dallas metropolitan area if buyers don't want to use the vending machine.